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Cornerstone Industries Ltd

09073953

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 NEWHOUSE BUSINESS CENTRE OLD CRAWLEY ROAD, HORSHAM, RH12 4RU
Incorporated 06/06/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Ryan Christopher Hofman

director · Since 06/06/2014

CIVIL ENGINEER

AUSTRALIAN · AUSTRALIA · Age 39

Mrs Hayley Annabel Hathaway Hofman

director · Since 27/06/2014

TEACHERS ASSISTANT

BRITISH · AUSTRALIA · Age 38

Persons with Significant Control

Mr Ryan Christopher Hofman

25–50% shares

Australian · England · Age 39

3 Newhouse Business Centre, Old Crawley Road, Horsham, RH12 4RU

Notified 06/06/2016

Mrs Hayley Annabel Hathaway Hofman

25–50% shares

British · United Kingdom · Age 38

3 Newhouse Business Centre, Old Crawley Road, Horsham, RH12 4RU

Notified 07/06/2016

CompanyRankvs 1732+ SIC 71122 peers
66

Financial strength74th percentile among SIC peers · 19/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 7.57× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1732Cornerstone Industries Ltd
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/06/2025

Net Worth

£29k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£33k

Current Liabilities

£4k

Fixed Assets

£866

Debtors

£28k

2avg. employees

Tax at Year End(2023)

Corp tax£3k

Balance Sheet

Assets less current liabilities£29k
Signed by Mr R Hofman 31/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.57+£0
20257.57+£20k
20241.53—
20234.88—

Derived from filed accounts. Not audited figures.